The Latest Breaking News from Tax Cuts

All taxpayers will get two rounds of cuts but only starting from July 2026, as Treasurer Jim Chalmers makes the case for a second Labor term.

Both the House and Senate come back from recess this week to begin a busy three-week period that’s expected to focus on Republicans’ budget reconciliation agenda, including extending and expanding tax cuts and tightening immigration policy. The top items on the House agenda this week, meanwhile, will include more measures…

The Trump administration reportedly wants to eliminate taxes for certain earners.

The math doesn’t work in the president’s economic promises, which will create a giant upward transfer of wealth

Large tax cuts for the rich, import tariffs, and the competing interests of Republican nationalists and the techno-right is a dangerous combination, says economist Jonathan Portes

Georgia rebate checks could pay out in 2025. Find out how much and what’s happening with state income tax cuts.

The Goldman Sachs alum did not endorse all the new administration’s policies.

Conservative nonprofit airs ad supporting Trump's tax cut plan before his address to Congress, emphasizing his commitment to protecting tax cuts.

Economists have backed a teal proposal to index income tax thresholds to end bracket creep, which is placing an increased burden on working Australians.